The pound headed for its biggest three-day drop in nearly two years on Thursday, under pressure from a sell-off in global ...
The pound fell to its lowest since late 2023 on Thursday, under pressure from a selloff in global bonds that has driven the ...
Risk managers at dealers, clearinghouses and hedge funds are also to blame for the selloffs in Treasury and gilt markets.
PIMCO and other major investors said they were staying in the market for British government bonds despite the recent turmoil, ...
Thirty-year gilt yields have surged to their highest since 1998. The dollar shows no sign of weakening, particularly as the ...